Teck's Don Lindsay to retire, new CEO announced

Kitco Media
By Michael McCrae
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(Kitco News) - Teck CEO Don Lindsay will retire this September, the company announced today.

Jonathan Price will succeed Lindsay as CEO. Harry "Red" Conger will serve as president and chief operating officer.

Price is currently Teck's executive vice president and chief financial officer. Before joining Teck in October 2020, he worked at BHP for 14 years in a variety of senior roles. He has also worked in the Metals and Mining team at ABN AMRO Bank, and previously held various production and technical roles with former Canadian mining company INCO.

Conger has served as Teck's executive vice president and COO since September 2020. Prior to joining Teck, Mr. Conger held the role of President and COO – Americas with Freeport-McMoRan. Conger will focus on operational performance and delivery of Teck's major projects including the final stage of construction at the QB2 copper project in Chile and advancing the QB Mill Expansion (QBME) project and other copper growth pipeline projects.

The board thanked Lindsay for his service.

"Don and the Board have been focused on succession for a number of years. We are delighted to have been able to recruit Jonathan and Red in 2020 and, under Don's leadership, position them for successful advancement into these roles," said Sheila Murray, Chair of Teck's Board of Directors. "Jonathan is an internationally recognized leader in the mining sector and brings the right background, skills and experience to the role of CEO to further advance Teck's balanced growth strategy."

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Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

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